India's Richest People 2026 edition · 1 director · Source: Hurun India
- #513 Rajiv Rattan & family ₹6,800 Cr
Market Cap
₹3,372 Cr
RTNPOWER · NSE
Share Price
₹6.07
-3.34% today
Revenue
₹2,991 Cr
FY 2025-26 · -8.9% YoY
EBITDA
₹405 Cr
Margin 13.6%
Net Profit
₹52.44 Cr
FY 2025-26 · -76.4% YoY
P/E (TTM)
30.3x
P/B 0.7x
ROE
0.7%
ROCE 4.3%
Debt / Equity
0.72
Interest cover 289.9x
About Rattanindia Power Limited
Data last updated:
Rattanindia Power Limited is a public limited company based in New Delhi, Delhi, India. It operates in the thermal power generation and plants segment of the energy and power sector. It was incorporated on 08 October 2007 and has been in existence for over 19 years.
Its director Rajiv Rattan and family are #513 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L40102DL2007PLC169082. Its GSTIN is 07AALCS2063D1ZI (Delhi). The company holds 11 GST registrations, of which 9 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 533122 and NSE: RTNPOWER.
The company has an authorised share capital of ₹11,000 Cr and a paid-up capital of ₹5,997.03 Cr. It was formerly known as Indiabulls Power Limited. and Sophia Power Company Limited. It is led by directors including Rajiv Rattan (Whole-Time Director) and Ravi Kumar Pakalapati (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at A – 49 Ground Floor Road No. 4 Mahipalpur, New Delhi, Delhi, India – 110037.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹2,991.36 Cr, a decline of 8.9% compared to the previous year. For the same year it recorded a net profit of ₹52.44 Cr (net margin 1.8%) and EBITDA of ₹405.49 Cr (EBITDA margin 13.6%). The net worth stands at ₹4,637.71 Cr (down 6.5% YoY). Total assets are valued at ₹9,069.89 Cr (up 1% YoY).
The company has about 387 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹13,245 Cr and satisfied charges of ₹16,176 Cr on record. Court records list 105 cases involving the company, including 53 filed by the company and 52 filed against it; 33 cases are pending. The company has 46 deals on record (34 market trades, 7 funding rounds, 2 secondary share transfers), with disclosed funding of ₹5,672.42 Cr; the latest was in June 2025. Its 9 peer companies in the Power industry (Thermal Power Plants), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 5 larger and 4 smaller; the largest is R.K.M Powergen Private Limited with revenue of ₹4,054.92 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rattanindia.com.
Company details
CIN L40102DL2007PLC169082
Registration Number 169082
Incorporation Date 08 October 2007
ROC Delhi
Listing Status Listed - Listed on NSE (RTNPOWER); Listed on BSE (533122)
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
Name history
Rattanindia Power has undergone 2 name changes throughout its history. The company was previously known as Indiabulls Power Limited., and Sophia Power Company Limited. The current legal name is Rattanindia Power Limited.
| Company Name | Status |
|---|---|
| Rattanindia Power Limited | Current |
| Indiabulls Power Limited. | Previous |
| Sophia Power Company Limited | Previous |
CIN history
Rattanindia Power has one previous CIN (Corporate Identification Number): U40102DL2007PLC169082. The current CIN is L40102DL2007PLC169082, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L40102DL2007PLC169082 | Current |
| U40102DL2007PLC169082 | Previous |
Key People
Rajiv Rattan Whole-Time Director Ravi Kumar Pakalapati Whole-Time Director Himanshu Mathur Whole-Time Director Recognitions & Rankings of Rattanindia Power
Contact details
Rattanindia Power Limited's registered office is in New Delhi, Delhi. Its website is rattanindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 49 Ground Floor Road No. 4 Mahipalpur, New Delhi, Delhi, India – 110037
- IndustryEnergy and Power, Thermal Power Generation & Plants
To see the full contact details of Rattanindia Power Limited, buy the company report.
Comprehensive company report
Rattanindia Power Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Secure checkout · GST invoice included
Business activity
The main business activity of Rattanindia Power is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Rattanindia Power Limited, buy the company report.
Financials of Rattanindia Power Limited
FY 2025-26 filings availableRattanindia Power Limited reported revenue of ₹2,991.36 Cr (down 8.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹2,991 Cr
-8.9% YoY
EBITDA
₹405 Cr
-30.6% YoY
Profit After Tax
₹52.44 Cr
-76.4% YoY
Net Worth
₹4,638 Cr
-6.5% YoY
Total Assets
₹9,070 Cr
+1.0% YoY
Total Debt
₹3,711 Cr
+14.6% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,991 | 3,284 | 3,364 | 3,231 | 3,260 | 1,560 | 1,774 |
| Revenue growth | -8.9% | -2.4% | +4.1% | -0.9% | +109.0% | -12.1% | - |
| EBITDA | 405 | 585 | 313 | 738 | 365 | 640 | 508 |
| EBITDA margin | +13.6% | +17.8% | +9.3% | +22.9% | +11.2% | +41.0% | +28.7% |
| Profit before tax | 52.44 | 222 | 8,876 | (1,849) | (1,981) | (942) | 165 |
| Net profit | 52.44 | 222 | (1,738) | (1,870) | (1,544) | (942) | (2,519) |
| Net profit margin | +1.8% | +6.8% | -51.7% | -57.9% | -47.4% | -60.4% | -142.0% |
| EPS (₹) | 0.10 | 0.41 | 16.57 | (3.48) | (3.69) | (1.75) | 0.33 |
| Balance sheet | |||||||
| Total assets | 9,070 | 8,978 | 8,757 | 7,372 | 9,877 | 12,726 | 14,404 |
| Net worth | 4,638 | 4,962 | 4,741 | (4,156) | (2,082) | (20.49) | 1,007 |
| Total debt | 3,711 | 3,238 | 3,185 | 10,641 | 10,967 | 11,651 | 11,932 |
| Cash & bank | 75.35 | 363 | 462 | 234 | 270 | 248 | 126 |
| Net working capital | 2,726 | 2,424 | 2,054 | (6,877) | (4,701) | (2,941) | (1,968) |
| Cash flow | |||||||
| Cash from operations | 372 | 410 | 1,306 | 1,015 | 934 | 736 | 610 |
| Cash from investing | 65.61 | 86.90 | (462) | (5.29) | 58.59 | 101 | (91.03) |
| Cash from financing | (605) | (440) | (902) | (977) | (956) | (795) | (476) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 799 | 788 | 728 | 654 | 822 | 936 | 733 | 682 |
| Revenue growth (YoY) | -2.9% | -15.9% | -0.7% | -4.2% | -11.8% | - | - | - |
| Other income | 67.88 | 67.42 | 98.66 | 89.69 | 98.93 | 92.36 | 90.92 | 88.96 |
| EBITDA | 125 | 130 | 127 | 51.70 | 96.67 | 212 | 90.30 | 93.94 |
| EBITDA margin | +15.6% | +16.5% | +17.5% | +7.9% | +11.8% | +22.6% | +12.3% | +13.8% |
| Depreciation | 61.07 | 63.51 | 61.41 | 60.86 | 60.53 | 59.88 | 61.02 | 60.49 |
| Interest | 85.93 | 90.70 | 110 | 112 | 148 | 118 | 116 | 124 |
| Profit before tax | 45.85 | 42.84 | 54.26 | (31.55) | (13.11) | 126 | 4.33 | (1.35) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | 45.85 | 42.84 | 54.26 | (31.55) | (13.11) | 126 | 4.33 | (1.35) |
| EPS (₹) | 0.09 | 0.08 | 0.10 | (0.06) | (0.02) | 0.23 | 0.01 | 0.00 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,991 | 3,284 | 3,364 | 3,231 | 3,260 | 1,560 | 1,774 |
| Revenue growth | -8.9% | -2.4% | +4.1% | -0.9% | +109.0% | -12.1% | - |
| EBITDA | 369 | 548 | (613) | 759 | 808 | 372 | 593 |
| EBITDA margin | +12.3% | +16.7% | -18.2% | +23.5% | +24.8% | +23.8% | +33.4% |
| Profit before tax | 46.59 | 216 | (1,048) | 353 | 348 | 96.70 | 1,899 |
| Net profit | 46.59 | 216 | 217 | 333 | 348 | 96.70 | (785) |
| Net profit margin | +1.6% | +6.6% | +6.5% | +10.3% | +10.7% | +6.2% | -44.3% |
| EPS (₹) | 0.09 | 0.40 | (1.91) | 0.62 | 0.65 | 0.18 | 3.84 |
| Balance sheet | |||||||
| Total assets | 9,274 | 9,188 | 8,973 | 10,376 | 10,627 | 10,875 | 11,449 |
| Net worth | 4,842 | 5,172 | 4,957 | 5,985 | 5,856 | 5,534 | 5,328 |
| Total debt | 3,711 | 3,238 | 3,185 | 3,504 | 3,834 | 4,353 | 4,913 |
| Cash & bank | 75.28 | 362 | 462 | 232 | 263 | 241 | 114 |
| Net working capital | 2,726 | 2,424 | 2,054 | 2,372 | 2,478 | 2,501 | 2,315 |
| Cash flow | |||||||
| Cash from operations | 372 | 410 | 1,333 | 1,024 | 940 | 700 | 616 |
| Cash from investing | 65.61 | 86.90 | (465) | (15.68) | 58.65 | 144 | (101) |
| Cash from financing | (605) | (440) | (926) | (978) | (963) | (795) | (472) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 799 | 788 | 728 | 654 | 822 | 936 | 733 | 682 |
| Revenue growth (YoY) | -2.9% | -15.9% | -0.7% | -4.2% | -11.8% | - | - | - |
| Other income | 77.03 | 76.46 | 108 | 98.95 | 108 | 101 | 100 | 98.21 |
| Total expenses | 683 | 667 | 610 | 611 | 734 | 733 | 652 | 598 |
| EBITDA | 116 | 121 | 118 | 42.46 | 87.52 | 203 | 81.05 | 84.70 |
| EBITDA margin | +14.5% | +15.3% | +16.2% | +6.5% | +10.6% | +21.7% | +11.1% | +12.4% |
| Depreciation | 62.56 | 64.99 | 62.90 | 62.35 | 62.02 | 61.36 | 62.51 | 61.98 |
| Interest | 85.93 | 90.69 | 110 | 112 | 148 | 118 | 116 | 124 |
| Profit before tax | 44.36 | 41.45 | 52.76 | (33.02) | (14.60) | 124 | 2.86 | (2.83) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 26 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 799 | 788 | 728 | 654 | 822 | 936 | 733 | 682 |
| Revenue growth (YoY) | -2.9% | -15.9% | -0.7% | -4.2% | -11.8% | - | - | - |
| Other income | 67.88 | 67.42 | 98.66 | 89.69 | 98.93 | 92.36 | 90.92 | 88.96 |
| EBITDA | 125 | 130 | 127 | 51.70 | 96.67 | 212 | 90.30 | 93.94 |
| EBITDA margin | +15.6% | +16.5% | +17.5% | +7.9% | +11.8% | +22.6% | +12.3% | +13.8% |
| Depreciation | 61.07 | 63.51 | 61.41 | 60.86 | 60.53 | 59.88 | 61.02 | 60.49 |
| Interest | 85.93 | 90.70 | 110 | 112 | 148 | 118 | 116 | 124 |
| Profit before tax | 45.85 | 42.84 | 54.26 | (31.55) | (13.11) | 126 | 4.33 | (1.35) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | 45.85 | 42.84 | 54.26 | (31.55) | (13.11) | 126 | 4.33 | (1.35) |
| EPS (₹) | 0.09 | 0.08 | 0.10 | (0.06) | (0.02) | 0.23 | 0.01 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,991 | 3,284 | 3,364 | 3,231 | 3,260 | 1,560 | 1,774 |
| Revenue growth | -8.9% | -2.4% | +4.1% | -0.9% | +109.0% | -12.1% | - |
| Other income | 355 | 357 | 11,309 | 328 | 410 | 1,074 | 2,878 |
| Total expenses | 2,586 | 2,699 | 3,051 | 2,493 | 2,894 | 920 | 1,266 |
| Employee cost | 69.10 | 63.04 | 60.42 | 55.89 | 50.04 | 79.00 | 131 |
| EBITDA | 405 | 585 | 313 | 738 | 365 | 640 | 508 |
| EBITDA margin | +13.6% | +17.8% | +9.3% | +22.9% | +11.2% | +41.0% | +28.7% |
| Depreciation | 246 | 241 | 382 | 404 | 414 | 416 | 417 |
| Interest | 461 | 479 | 2,363 | 2,512 | 2,342 | 2,241 | 2,805 |
| Profit before tax | 52.44 | 222 | 8,876 | (1,849) | (1,981) | (942) | 165 |
| Tax | 0.00 | 0.00 | (20.37) | 20.37 | 0.00 | 0.01 | 0.00 |
| Net profit | 52.44 | 222 | (1,738) | (1,870) | (1,544) | (942) | (2,519) |
| Net profit margin | +1.8% | +6.8% | -51.7% | -57.9% | -47.4% | -60.4% | -142.0% |
| EPS (₹) | 0.10 | 0.41 | 16.57 | (3.48) | (3.69) | (1.75) | 0.33 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 5,370 | 5,747 | 5,747 | 5,747 | 5,950 | 5,975 | 5,517 |
| Reserves & surplus | (732) | (785) | (1,006) | (9,903) | (8,032) | (5,996) | (4,511) |
| Shareholders' funds (net worth) | 4,638 | 4,962 | 4,741 | (4,156) | (2,082) | (20.49) | 1,007 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (3.86) | (3.60) |
| Secured loans | 909 | 452 | 755 | 1,295 | 8,939 | 9,791 | 10,219 |
| Unsecured loans | 2,802 | 2,786 | 2,430 | 9,346 | 2,028 | 1,860 | 1,713 |
| Total debt | 3,711 | 3,238 | 3,185 | 10,641 | 10,967 | 11,651 | 11,932 |
| Total liabilities | 9,070 | 8,978 | 8,757 | 7,372 | 9,877 | 12,726 | 14,404 |
| Assets | |||||||
| Gross block | 8,715 | 8,624 | 8,559 | 16,261 | 16,191 | 16,405 | 16,402 |
| Net block | 6,103 | 6,253 | 6,412 | 13,051 | 13,381 | 13,995 | 14,410 |
| Capital work in progress | 20.51 | 65.35 | 67.02 | 1,110 | 1,142 | 1,574 | 1,584 |
| Investments | 0.00 | 0.00 | 0.00 | 7.99 | 3.79 | 0.34 | 275 |
| Inventories | 202 | 263 | 238 | 136 | 137 | 277 | 654 |
| Sundry debtors | 2,757 | 2,435 | 2,064 | 2,492 | 2,509 | 1,951 | 1,535 |
| Cash & bank balances | 75.35 | 363 | 462 | 234 | 270 | 248 | 126 |
| Loans & advances | 234 | 181 | 98.35 | 241 | 164 | 473 | 408 |
| Total current assets | 3,269 | 3,242 | 2,862 | 3,103 | 3,080 | 2,949 | 2,723 |
| Total current liabilities | 543 | 818 | 808 | 9,980 | 7,782 | 5,890 | 4,691 |
| Net working capital | 2,726 | 2,424 | 2,054 | (6,877) | (4,701) | (2,941) | (1,968) |
| Total assets | 9,070 | 8,978 | 8,757 | 7,372 | 9,877 | 12,726 | 14,404 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 178 | 121 | 179 | 145 | 109 | 66.17 | 22.49 |
| Net cash from operating activities | 372 | 410 | 1,306 | 1,015 | 934 | 736 | 610 |
| Net cash from investing activities | 65.61 | 86.90 | (462) | (5.29) | 58.59 | 101 | (91.03) |
| Net cash from financing activities | (605) | (440) | (902) | (977) | (956) | (795) | (476) |
| Net change in cash | (168) | 56.81 | (57.61) | 33.19 | 36.92 | 42.37 | 43.68 |
| Closing cash | 75.35 | 363 | 462 | 234 | 270 | 248 | 126 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -8.9% | -2.4% | +4.1% | -0.9% | +109.0% | -12.1% | - |
| EBITDA growth | -30.7% | +86.9% | -57.6% | +102.2% | -43.0% | +25.9% | - |
| PBT growth | -76.4% | -97.5% | +9998.0% | +6.7% | -110.4% | - | +9998.0% |
| Net income growth | -76.4% | +112.8% | +7.0% | -21.1% | -63.9% | +62.6% | - |
| Revenue CAGR (3Y) | -2.5% | +0.3% | +29.2% | +22.1% | +19.2% | -8.8% | +8.5% |
| EBITDA CAGR (3Y) | -18.1% | +17.0% | -21.2% | +13.3% | - | +4.9% | -10.6% |
| Profitability & leverage | |||||||
| Net income margin | +1.8% | +6.8% | +264.5% | -57.9% | -60.8% | -60.4% | +9.3% |
| Return on capital employed | +4.3% | +5.9% | +6.3% | 0.0% | 0.0% | 0.0% | +1.6% |
| Return on net worth | +0.7% | +3.0% | -117.8% | 0.0% | 0.0% | 0.0% | -76.3% |
| Debt / equity | 0.72 | 0.66 | 23.64 | 0.00 | 0.00 | 23.90 | 103.76 |
| Long-term debt / equity | 0.07 | 0.13 | 1.78 | 0.00 | 0.00 | 16.15 | 74.90 |
| Interest cover | 289.89 | 139.21 | -3,419.27 | 752.14 | -4,754.02 | 997.78 | 3,055.63 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.35 | 0.38 | 0.27 | 0.20 | 0.20 | 0.10 | 0.11 |
| Inventory turnover | 12.85 | 13.10 | 17.98 | 23.70 | 15.74 | 3.35 | 3.24 |
| Debtors turnover | 1.15 | 1.46 | 1.48 | 1.29 | 1.46 | 0.89 | 1.27 |
| EPS (₹) | 0.10 | 0.41 | 16.57 | (3.48) | (3.69) | (1.75) | 0.33 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 8.64 | 8.54 | 8.13 | (8.44) | (4.96) | (1.16) | 0.87 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 799 | 788 | 728 | 654 | 822 | 936 | 733 | 682 |
| Revenue growth (YoY) | -2.9% | -15.9% | -0.7% | -4.2% | -11.8% | - | - | - |
| Other income | 77.03 | 76.46 | 108 | 98.95 | 108 | 101 | 100 | 98.21 |
| Total expenses | 683 | 667 | 610 | 611 | 734 | 733 | 652 | 598 |
| EBITDA | 116 | 121 | 118 | 42.46 | 87.52 | 203 | 81.05 | 84.70 |
| EBITDA margin | +14.5% | +15.3% | +16.2% | +6.5% | +10.6% | +21.7% | +11.1% | +12.4% |
| Depreciation | 62.56 | 64.99 | 62.90 | 62.35 | 62.02 | 61.36 | 62.51 | 61.98 |
| Interest | 85.93 | 90.69 | 110 | 112 | 148 | 118 | 116 | 124 |
| Profit before tax | 44.36 | 41.45 | 52.76 | (33.02) | (14.60) | 124 | 2.86 | (2.83) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,991 | 3,284 | 3,364 | 3,231 | 3,260 | 1,560 | 1,774 |
| Revenue growth | -8.9% | -2.4% | +4.1% | -0.9% | +109.0% | -12.1% | - |
| Other income | 391 | 393 | 370 | 350 | 353 | 617 | 2,887 |
| Total expenses | 2,622 | 2,736 | 3,977 | 2,472 | 2,452 | 1,188 | 1,181 |
| Employee cost | 69.10 | 63.04 | 60.13 | 55.60 | 49.22 | 38.85 | 52.03 |
| EBITDA | 369 | 548 | (613) | 759 | 808 | 372 | 593 |
| EBITDA margin | +12.3% | +16.7% | -18.2% | +23.5% | +24.8% | +23.8% | +33.4% |
| Depreciation | 252 | 247 | 237 | 222 | 227 | 228 | 228 |
| Interest | 461 | 479 | 568 | 534 | 586 | 664 | 1,354 |
| Profit before tax | 46.59 | 216 | (1,048) | 353 | 348 | 96.70 | 1,899 |
| Tax | 0.00 | 0.00 | (20.37) | 20.37 | 0.00 | 0.00 | 0.00 |
| Net profit | 46.59 | 216 | 217 | 333 | 348 | 96.70 | (785) |
| Net profit margin | +1.6% | +6.6% | +6.5% | +10.3% | +10.7% | +6.2% | -44.3% |
| EPS (₹) | 0.09 | 0.40 | (1.91) | 0.62 | 0.65 | 0.18 | 3.84 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 5,370 | 5,747 | 5,747 | 5,747 | 5,950 | 5,975 | 5,517 |
| Reserves & surplus | (528) | (575) | (790) | 238 | (93.93) | (441) | (190) |
| Shareholders' funds (net worth) | 4,842 | 5,172 | 4,957 | 5,985 | 5,856 | 5,534 | 5,328 |
| Secured loans | 909 | 452 | 755 | 1,295 | 1,820 | 2,530 | 2,974 |
| Unsecured loans | 2,802 | 2,786 | 2,429 | 2,209 | 2,013 | 1,824 | 1,939 |
| Total debt | 3,711 | 3,238 | 3,185 | 3,504 | 3,834 | 4,353 | 4,913 |
| Total liabilities | 9,274 | 9,188 | 8,973 | 10,376 | 10,627 | 10,875 | 11,449 |
| Assets | |||||||
| Gross block | 8,720 | 8,632 | 8,566 | 8,349 | 8,276 | 8,258 | 8,260 |
| Net block | 6,057 | 6,216 | 6,381 | 6,384 | 6,533 | 6,741 | 6,968 |
| Capital work in progress | 20.51 | 65.35 | 67.02 | 77.11 | 109 | 99.23 | 99.07 |
| Investments | 0.05 | 0.05 | 0.05 | 1,241 | 1,263 | 1,227 | 1,831 |
| Inventories | 202 | 263 | 238 | 127 | 127 | 268 | 644 |
| Sundry debtors | 2,757 | 2,435 | 2,064 | 2,492 | 2,509 | 1,951 | 1,535 |
| Cash & bank balances | 75.28 | 362 | 462 | 232 | 263 | 241 | 114 |
| Loans & advances | 234 | 181 | 98.19 | 253 | 171 | 476 | 398 |
| Total current assets | 3,269 | 3,242 | 2,862 | 3,104 | 3,070 | 2,936 | 2,691 |
| Total current liabilities | 543 | 818 | 808 | 732 | 593 | 435 | 376 |
| Net working capital | 2,726 | 2,424 | 2,054 | 2,372 | 2,478 | 2,501 | 2,315 |
| Total assets | 9,274 | 9,188 | 8,973 | 10,376 | 10,627 | 10,875 | 11,449 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 178 | 121 | 179 | 149 | 113 | 63.43 | 21.16 |
| Net cash from operating activities | 372 | 410 | 1,333 | 1,024 | 940 | 700 | 616 |
| Net cash from investing activities | 65.61 | 86.90 | (465) | (15.68) | 58.65 | 144 | (101) |
| Net cash from financing activities | (605) | (440) | (926) | (978) | (963) | (795) | (472) |
| Net change in cash | (168) | 56.82 | (57.78) | 30.18 | 35.92 | 49.20 | 42.27 |
| Closing cash | 75.28 | 362 | 462 | 232 | 263 | 241 | 114 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -8.9% | -2.4% | +4.1% | -0.9% | +109.0% | -12.1% | - |
| EBITDA growth | -32.7% | +189.3% | -180.8% | -6.0% | +117.3% | -37.3% | - |
| PBT growth | -78.4% | +9998.0% | - | +1.4% | +260.0% | -94.9% | +9998.0% |
| Net income growth | -78.4% | -0.6% | -34.7% | -4.5% | +260.0% | +112.3% | - |
| Revenue CAGR (3Y) | -2.5% | +0.3% | +29.2% | +22.1% | +19.5% | -8.2% | +10.0% |
| EBITDA CAGR (3Y) | -21.4% | -12.1% | - | +8.6% | - | -14.8% | -6.9% |
| Profitability & leverage | |||||||
| Net income margin | +1.6% | +6.6% | -30.6% | +10.3% | +10.7% | +6.2% | +107.0% |
| Return on capital employed | +4.2% | +6.6% | 0.0% | +7.0% | +7.0% | +5.5% | +4.8% |
| Return on net worth | +0.6% | +3.5% | 0.0% | +4.3% | +4.5% | +1.3% | -17.3% |
| Debt / equity | 0.69 | 0.63 | 0.61 | 0.62 | 0.72 | 0.85 | 1.66 |
| Long-term debt / equity | 0.07 | 0.12 | 0.10 | 0.12 | 0.31 | 0.54 | 1.03 |
| Interest cover | 395.66 | 158.91 | -66.71 | 99.43 | 100.87 | 460.48 | 370.49 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.34 | 0.38 | 0.40 | 0.39 | 0.39 | 0.19 | 0.21 |
| Inventory turnover | 12.85 | 13.10 | 18.45 | 25.46 | 16.50 | 3.42 | 3.29 |
| Debtors turnover | 1.15 | 1.46 | 1.48 | 1.29 | 1.46 | 0.89 | 1.28 |
| EPS (₹) | 0.09 | 0.40 | (1.91) | 0.62 | 0.65 | 0.18 | 3.84 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 9.02 | 8.93 | 8.53 | 10.44 | 9.83 | 9.18 | 9.62 |
To see the full year-wise statements and ratios of Rattanindia Power Limited, buy the company report.
Board of directors of Rattanindia Power Limited
Rattanindia Power has 6 current directors and 44 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pritika Poonia Also directs: Rattanindia Enterprises Limited, Rattanindia Finance Private Limited, Steadfast Metal Products Private Limited and 1 more | Director | 10 Nov 2022 | 3 Years 11 Months | Current |
| Rajiv Rattan Also directs: Arbutus Consultancy LLP, Rattanindia Enterprises Limited, Rattanindia Finance Private Limited and 1 more | Whole-Time Director | 04 Jul 2009 | 17 Years 3 Months | Current |
| Ravi Kumar Pakalapati | Whole-Time Director | 23 Jul 2025 | 1 Years 3 Months | Current |
| Virender Singh Also directs: Rattanindia Enterprises Limited | Director | 03 Sep 2024 | 2 Years 1 Months | Current |
| Himanshu Mathur | Whole-Time Director | 05 Sep 2023 | 3 Years 1 Months | Current |
| Ajay Kumar Tandon Also directs: Rattanindia Enterprises Limited, Rattanindia Finance Private Limited, Sinnar Power Transmission Company Limited and 1 more | Director | 02 Sep 2023 | 3 Years 1 Months | Current |
Peer comparison
Rattanindia Power Limited is compared with the 9 companies closest to it by revenue in the Power industry (Thermal Power Plants), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| R.K.M Powergen Private Limited | ₹4,054.92 Cr (FY 2025) | 2.0% | Chennai, Tamil Nadu, India | |||
| Odisha Power Generation Corporation Limited | ₹4,037.44 Cr (FY 2025) | 8.0% | Bhubaneswar, Odisha, India | |||
| D B Power Limited | ₹3,946.98 Cr (FY 2025) | -4.0% | Bhopal, Madhya Pradesh, India | |||
| Jindal India Power Limited | ₹3,733.54 Cr (FY 2025) | 8.0% | New Delhi, Delhi, India | |||
| Bhartiya Rail Bijlee Company Limited | ₹3,667.27 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Coastal Energen Private Limited | ₹3,640.49 Cr (FY 2024) | 91.0% | Chennai, Tamil Nadu, India | |||
| Nabinagar Power Generating Company Limited | ₹3,521.23 Cr (FY 2022) | 66.0% | New Delhi, Delhi, India | |||
| Rosa Power Supply Company Limited | ₹3,209.69 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Essar Power Gujarat Limited | ₹3,124.49 Cr (FY 2025) | 44.0% | Jamnagar, Gujarat, India | |||
| Rattanindia Power Limitedthis company | ₹2,991.36 Cr (FY 2026) | ₹52.44 Cr | 1.8% | -8.9% | 387 | New Delhi, Delhi, India |
To see the full peer comparison of Rattanindia Power Limited, buy the company report.
Auditor
Rattanindia Power Limited is audited by Walker Chandiok & Co LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2025 | 001076N/ N500013 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 44.10%, foreign institutional investors hold 5.20%, domestic institutional investors hold 6.60% and retail and other public shareholders hold 44.10%.
Sep 2026
QUARTER
44.10% Promoters
6.60% DII (Domestic Institutional)
5.20% FII (Foreign Institutional)
44.10% Retail & Others
Promoter holding - history
Now 44.10% · Sep 2026High 44.10% · Dec 2025Low 44.10% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 44.10% | 44.10% | 44.10% | 44.10% |
| Public | 55.90% | 55.90% | 55.90% | 55.90% |
Charges & borrowings
Open charges
₹13,245 Cr
Satisfied charges
₹16,176 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jun 2022 | 100589325 | Others | ₹650 Cr | Open | |
| 23 Dec 2019 | 100310617 | Others | ₹250 Cr | Open | |
| 22 Dec 2015 | 10620744 | Others | ₹459.01 Cr | Open | |
| 15 Dec 2015 | 10607240 | Others | ₹459.01 Cr | Open | |
| 18 Nov 2015 | 10604872 | Others | ₹7,395.21 Cr | Open |
To see the full charge records of Rattanindia Power Limited, buy the company report.
Total charge records: 32 View all charges
Deals & funding
Rattanindia Power Limited has 46 deals on record (34 market trades, 7 funding rounds, 2 secondary share transfers), with disclosed funding of ₹5,672.42 Cr; the latest was in June 2025.
Total deals
46
Market trades
34
Funding rounds
7
Secondary share transfers
2
IPO
1
Disclosed funding
₹5,672.42 Cr
Deals on record (5 of 46)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2025 | Market trade | ₹96.91 Cr | Buyer: Aakraya Research LLP , Graviton Research Capital LLP Seller: Aakraya Research LLP , Graviton Research Capital LLP |
| May 2024 | Market trade | ₹42.27 Cr | Buyer: Topgain Finance Private Limited Seller: Topgain Finance Private Limited |
| Feb 2024 | Market trade | ₹88.56 Cr | Buyer: Mansi Share And Stock Advisors Pvt Ltd Seller: Embassy Developments Limited , Mansi Share And Stock Advisors Pvt Ltd |
| Sep 2023 | Market trade | ₹39.82 Cr | Buyer: Multiplier Share and Stock Advisors Private Limited Seller: Multiplier Share and Stock Advisors Private Limited , Abarc-Ast-002-Trust |
| Aug 2023 | Market trade | ₹23.71 Cr | Buyer: Altius Finserv Private Limited Seller: Abarc-Ast-002-Trust |
To see the full deal history of Rattanindia Power Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rattanindia Power Limited has 105 court cases on record: 53 filed by Rattanindia Power, 52 filed against it. 33 cases are pending and 72 are disposed.
Total cases
105
Filed by the company
53
Filed against the company
52
Pending
33
Disposed
72
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 65 | 32 | 19 |
| District courts | 15 | 9 | 5 |
| Supreme Court | 14 | 6 | 3 |
| NCLAT | 9 | 3 | 6 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 105)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed by the company against Larsen and Toubro Limited & Anr. | Pending |
| NCLAT, NCLAT New Delhi | Court case (Caveat) | Filed by the company against Sinnar Thermal Power Ltd. Through Its Resolution Professional Mr.Rahul Jindal | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Sinnar Thermal Power Ltd. Through Its Resolution Professional Mr.Rahul Jindal and 3 others | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Sinnar Thermal Power Ltd. Through Its Resolution Professional Mr.Rahul Jindal and 5 others | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Nucon India Private Limited | Pending |
To see the full case history of Rattanindia Power Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rattanindia Power Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Rattanindia Power has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Poena Power Development Limited | U45207DL2008PLC180508 |
To see the full group structure of Rattanindia Power Limited, buy the company report.
Employees & EPFO
Rattanindia Power Limited has a workforce of 387 employees on its EPFO records as of Feb 19, 2026, across 2 active EPFO establishments.
Employee count
387
Active EPFO establishments
2
Employee growth
2.11%
GST
Rattanindia Power has 11 GST registrations: 9 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
11
Active
9
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AALCS2063D1ZI | Delhi | Active | 01 Jul 2017 |
| 07AALCS2063D3ZG | Delhi | Active | 10 Jul 2024 |
| 27AALCS2063D1ZG | Maharashtra | Active | 01 Jul 2017 |
| 03AALCS2063D1ZQ | Punjab | Active | 08 Aug 2022 |
To see the full GST registrations and return filing status of Rattanindia Power Limited, buy the company report.
Recent activity
Rattanindia Power Limited has 86 board changes on record since 2007: 47 appointments and 39 cessations. The latest: Ravi Kumar Pakalapati was appointed as Whole-Time Director on 23 Jul 2025.
Charges
A charge with Others of Rs. 650.00 Cr registered on 01 Jun 2022 with Charge ID 100589325 was modified on 26 May 2026.
Filing
Rattanindia Power Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Delhi I.
Charges
A charge registered on 14 Jun 2023 via Charge ID 100759981 with Others was fully satisfied on 30 Sep 2025.
AGM
Rattanindia Power Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Appointed
Ravi Kumar Pakalapati was appointed as Whole-Time Director.
Charges
A charge registered on 29 May 2014 via Charge ID 10514213 with Axis Bank Limited was fully satisfied on 21 Jun 2025.
Charges
A charge registered on 29 May 2014 via Charge ID 10554917 with Idbi Trusteeship Services Limited was fully satisfied on 13 Jun 2025.
Ceased
Baliram Ratna Jadhav ceased to be Whole-Time Director.
Charges
A charge with Others of Rs. 459.01 Cr registered on 05 Feb 2010 with Charge ID 10204449 was modified on 29 May 2025.
Charges
A charge registered on 19 Dec 2023 via Charge ID 100841018 with Others was fully satisfied on 22 May 2025.
Charges
A charge registered on 08 Sep 2015 via Charge ID 10591435 with Power Finance Corporation Limited was fully satisfied on 20 May 2025.
Appointed
Lalit Narayan Mathpati was appointed as Company Secretary.
147 earlier events are in the company report.
News
Frequently asked questions
Rattanindia Power is an active public limited company based in New Delhi, Delhi, India. The company works in thermal power generation and plants, within the energy and power industry. It was incorporated on 08 October 2007 (19+ years old) and is registered under CIN L40102DL2007PLC169082. Listed on BSE: 533122 and NSE: RTNPOWER.
Rattanindia Power reported revenue of ₹2,991.36 Cr for FY 2025-26 (down 8.9% YoY) based on consolidated financials.
Rattanindia Power has 6 current directors:
- Rajiv Rattan - Whole-Time Director
- Ravi Kumar Pakalapati - Whole-Time Director
- Himanshu Mathur - Whole-Time Director
- Pritika Poonia - Director
- Virender Singh - Director
- Ajay Kumar Tandon - Director
The latest financial statements of Rattanindia Power on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rattanindia Power is 07AALCS2063D1ZI, registered in Delhi. The company has 11 GST registrations in all, of which 9 are active and 2 are cancelled or inactive. Other active GSTINs include 07AALCS2063D3ZG (Delhi), 27AALCS2063D1ZG (Maharashtra), 03AALCS2063D1ZQ (Punjab).
The CIN (Corporate Identification Number) of Rattanindia Power is L40102DL2007PLC169082. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Rattanindia Power is a listed company as per MCA records. Its shares are listed on both BSE (code: 533122) and NSE (symbol: RTNPOWER).
Rattanindia Power has 105 court cases on record: 53 filed by the company and 52 filed against it. 33 are pending. Most are in the high courts.
Rattanindia Power was incorporated on 08 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
Rattanindia Power has 46 deals on record (34 market trades, 7 funding rounds, 2 secondary share transfers), with disclosed funding of ₹5,672.42 Cr; the latest was in June 2025.
The peers of Rattanindia Power by revenue are R.K.M Powergen Private Limited, Odisha Power Generation Corporation Limited, D B Power Limited, Jindal India Power Limited, Bhartiya Rail Bijlee Company Limited and 4 more, all in the Power industry (Thermal Power Plants), with the same principal business activity (electric power generation, transmission and distribution).